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Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per Share
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America’s leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.70 per share. The dividend is payable September 5, 2025, to shareholders of record as of August 22, 2025. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier. With the recent...
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Choice Properties Real Estate Investment Trust Completes Issuance of $350 Million Series W Senior Unsecured Debentures and $150 Million Series X Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--Choice Properties Real Estate Investment Trust (“Choice Properties”, the “Trust” or “we”) (TSX: CHP.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain provinces of Canada (the “Offering”), of (i) $350 million aggregate principal amount of series W senior unsecured debentures of the Trust bearing interest at a rate of 4.628% per annum and maturing on August 8, 2035 (the “Series W Debentures”) and (ii) $15...
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Creative Media & Community Trust Announces Date for its Second Quarter 2025 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its second quarter 2025 earnings results on Wednesday, August 13, 2025 before the opening of the stock market. A conference call is scheduled for 12:00 p.m. Eastern Time later that day to discuss CMCT’s financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversi...
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Silver Lake Launches $400 Million Digital Infrastructure Platform with Adam Fisher and Peter Rumbold
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake, the global leader in technology investing, and Adam Fisher and Peter Rumbold, principals at Commonwealth Asset Management with deep expertise in real estate and infrastructure investing, today announced the launch of a digital infrastructure platform with $400 million of capital to assemble a global portfolio of strategically located powered land sites to address the key scarce input in meeting the escalating demand for data centers....
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American Strategic Investment Co. Announces Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Revenue was $12.2 million compared to $15.8 million in the second quarter of 2024, primarily related to the sale of 9 Times Square in the prior year Net loss attri...
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Sonder Holdings Inc. Secures $24.54 Million Note and Enters Agreements to Strengthen Liquidity
SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (Nasdaq: SOND) (“Sonder” or the “Company”) today announced a series of actions to raise additional liquidity. Issued and sold $24.54 million of units on August 5, 2025 (the “Financing”). Each unit comprises (i) a senior secured promissory note (the “Investor Notes”) and (ii) a warrant to purchase shares of Sonder’s common stock at an exercise price of $1.50 per share (the “Warrants”). The Investor Notes mature on July 4, 2026 and accrue inter...
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BEYOND lanceert PASSO, een sculpturaal icoon op Palm Jumeirah
Dubai, Verenigde Arabische Emiraten--(BUSINESS WIRE)--BEYOND Developments, het vooruitstrevende vastgoedmerk dat lifestylebestemmingen aan zee vormgeeft, heeft PASSO onthuld, een sculpturale ontwikkeling aan het water, gelegen op de prestigieuze West Crescent van Palm Jumeirah. Als het eerste vlaggenschip van BEYOND buiten het masterplan in Dubai Maritime City, markeert PASSO een bepalende mijlpaal in de strategische groei van het bedrijf naar een van 's werelds meest iconische en gewilde beste...
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FCPT Announces Acquisition of a Mavis Tire Property for $2.6 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of Mavis Tire property for $2.6 million. The property is located in a strong retail corridor in Mississippi and is corporate-operated under a under a long term, triple net lease with approximately 11 years of te...
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Inovalis Real Estate Investment Trust Announces the Financial Results for Q2 2025
TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported financial results for the quarter ended June 30, 2025. The unaudited Consolidated Financial Statements and Management’s Discussion and Analysis ("MD&A") for Q2 2025 are available on the REIT’s website at www.inovalisreit.com and at www.sedarplus.ca. All amounts except rental rates, square footage and per unit amounts are presented in thousands of Canadian dollars or Euros, or as otherwi...
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RioCan Announces Strong Second Quarter Results - Continued Operational Excellence and Strategic Capital Recycling Advancements
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three and six months ended June 30, 2025. 9.3% growth of FFO per unit to $0.47 Capitalizing on mark-to-market opportunities, generated new leasing spreads of 51.5%; blended leasing spreads of 20.6% Closed four previously announced firm sales of RioCan Living™ assets, bringing total RioCan Living asset dispositions to five; total year-to-date closed...